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Choose the corret answer 1. Which one of the following industry types will not benefit...

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Finance

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Choose the corret answer 1. Which one of the following industry types will not benefit greatly from the application of MRP A. Fabricate-to-order B. Assemble-to-stock C. Assemble-to-order D. Manufacture-to-order None of the above 2. Which one of the following industry types has high expected benefits from the application of MRP? A. Fabricate-to-order B. Hospitals C. Assemble-to-order D. Aircraft manufacturers E. Oil refineries 3. Which one of the following is an input to the master production schedule (MPS)? A. Inventory records file B. The aggregate plan C. The bill of materials D. The exception report E. Planned order schedules 4. One of the main purposes of a MRP system is which of the following? A. Track inventory levels B. Create productive capacity C. Decrease layers of management D. Develop schedules for when each component should be produced E. Upgrade manufacturing's professionalism 5. Objectives of inventory management under an MRP system include which one of the following? A. Improve customer service. B. Reduce the cost of capital. C. Calibrate operating efficiencies. D. Minimize lot sizes. E. Reduce inventory to zero. 6. Which one of the following is a major reason that some MRP systems fail

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